If the bulls open short positions at the same time, they are called double positions.
Long positions include the above two situations, which may be multi-changing hands or double positions. This term is viewed from the direction of the active party of the contract. For example, the selling price is 2 and the buying price is 1. If the transaction is 2 and it is an open position, it is called a long position, otherwise, it becomes a short position. Long positions are closed in the same way as short positions. But strictly speaking, this term is not standardized.
Futures turnover rate (turnover rate) = (turnover in a certain period)/(position) x 100%.
Futures are different from stocks. Stocks have the value of total outstanding shares, and the turnover rate can be calculated by the value of trading volume. Futures varieties do not have the conditions of stocks, and there is no value of total trading volume, so the turnover rate cannot be calculated by the value of trading volume.
The change of hands in futures is similar to the change of baton in running, which means that when many parties (or short positions) close their positions, another investor opens multiple positions (or short positions) to make a deal with them. At this time, the former has closed his position and does not need to bear the responsibility of due delivery. Future market changes will not cause changes in his funds. If the latter is unfair, he will bear the responsibility of due delivery, and future market changes will make him profit or loss.
The turnover rate in stocks usually refers to the turnover rate, that is, the turnover/circulating share capital * 100% in a certain period of time.
In addition: because futures positions are constantly changing, turnover rate is not calculated.